Second Report on Alcohol Consumption and Health Draws Industry Trade Groups’ Ire
All major beverage-alcohol industry trade groups have united in opposition of a draft study about alcohol consumption’s effect on health, which was released Tuesday.
All major beverage-alcohol industry trade groups have united in opposition of a draft study about alcohol consumption’s effect on health, which was released Tuesday.
Domestic tax paid shipments for the first half of 2023 declined -5.9% year-over-year (YoY), to nearly 77.16 million barrels, according to estimates from the Beer Institute through June.
Danelle Kosmal will leave her role as VP of research for industry trade group the Beer Institute (BI) later this year.
The Beer Institute’s (BI) Code Compliance Review Board (CCRB) has found that Bud Light’s sponsored content with influencer Dylan Mulvaney did not violate the trade group’s Advertising Marketing Code and Buying Guidelines.
The beer industry’s trade groups have been a (mostly) united front in recent years, with leadership from the Beer Institute (BI), Brewers Association (BA) and National Beer Wholesalers Association (NBWA) sharing the stage several times to promote the need for a unified industry and banding together to advocate and pass the Craft Beverage Modernization and Tax Reform Act (CBMTRA) in 2017 and made permanent in 2020.
Beer producers shipped an estimated 17.5 million barrels of beer to wholesalers in May, a -4% decline (approximately 730,000 barrels) versus May 2022, according to the Beer Institute.
May recorded the largest year-over-year (YoY) decline in domestic tax paids so far this year, decreasing -7.7%, to 13.3 million barrels, according to the Beer Institute (BI).
Analysts from 3 Tier Beverages and CGA by NIQ shared a “surprising” and optimistic story about beer’s performance in on- and off-premise channels Thursday, during a webinar hosted by the Beer Institute (BI).
An estimated 15.9 million barrels of beer and malt products were shipped to wholesalers in April, a -4.5% decline (or -741,163 barrels of beer) versus April 2022, Beer Institute (BI) VP of research Danelle Kosmal reported in the trade group’s monthly economic report.
The U.S. beer industry recorded $409.2 billion of economic output in 2022, making up about 1.6% of the country’s gross domestic product (GDP), according to latest Beer Serves America report, a biennial study commissioned by the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).
After one month in the black, domestic tax paid shipments from U.S. breweries dipped into the red again with a -2.3% decline in March 2023, according to the Beer Institute (BI), citing numbers from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
U.S. brewers shipped more than 11.1 million barrels of product in January 2023, a decline of -4.4% year-over-year (YoY), according to the Beer Institute (BI), citing domestic tax paid shipment estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Jon London has returned to Boston Beer Company as brand director of Angry Orchard, the hard cider brand he helped launch more than a decade ago.
CPI for Beer At-Home +9% in January vs. 2022 The Consumer Price Index (CPI) for beer at-home continues to outpace inflation, increasing +9% last month versus January 2022, according to the U.S. Bureau of Labor Statistics (BLS). Beer price hikes have yet to slow down, increasing +8.6% year-over-year (YoY) in December, +7.7% in November and… Read more »
Danelle Kosmal, VP of research for the Beer Institute; Jon Berg, VP alcohol industry thought leadership at NielsenIQ; and Danny Brager from 3 Tier Beverages provided a reality check with context on the state of the beverage alcohol industry during the Brewbound Live business conference.